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The Future of Blockchain in Banking and Financial Services and FinTechs | Blog

Everest Group

Blockchain technology promises to transform banking, financial services, and FinTechs by enhancing the digital customer experience while lowering costs and reducing data risks in a secure environment. In recent years, blockchain adoption has increased in banking and financial services and the emerging FinTech industry.

Banking 246
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UK Banks Ramp Up Digital Banking Services and Redefine Operations. What are the Implications for the Outsourcing Industry? | Blog

Everest Group

UK Banks Ramp Up Digital Banking Services and Redefine Operations. Facing macroeconomic challenges and shifting consumer demands, UK banks are reimagining their operations to stay competitive. A wave of macroeconomic shifts and evolving consumer demand are driving UK banks to rethink their operating model.

Banking 147
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The Automation Advantage in Retail Banking

Automation Anywhere

As more fintechs enter the market and consumer preferences shift, traditional retail banks face significant challenges in attracting and holding customers while remaining profitable. Recently, my company, Bain & Company, surveyed retail banks. Recently, my company, Bain & Company, surveyed retail banks.

Banking 96
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The Sustainability Standoff: Industry Players, Regulators, and the Carbon Question of AI | Blog

Everest Group

The unseen cost of intelligence: Generative AIs (gen AIs) growing environmental footprint Gen AI is rewriting the rules of innovation, pushing the boundaries of what machines can create, automate, and enhance. Large-scale AI applications in cloud, chatbots, and automation platforms contribute heavily to energy drain.

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How Banking GBS Organizations Have Evolved to Drive Enterprise Data Transformation | Blog

Everest Group

With their growing maturity, Global Business Services (GBS) organizations in Banking and Financial Services (BFS) have taken on critical roles in the data value chain. To learn how banking GBS organizations have evolved to become best-in-class partners supporting enterprise data transformation and the key attributes they now possess, read on.

Banking 130
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Understanding the Internet of Things (IoT) and Its Connection to Automation

Automation Anywhere

The advantages of automation in IoT Automation offers many advantages to your business processes using IoT. When your business processes are automated, there are no time restrictions, so your business can run around the clock. Increased uptime Uptime refers to how long your business is open or running.

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Outsourcing “Down Under”: The Impact of a Recession in the Australian Market on Banks | Blog

Everest Group

With Australia facing a looming recession, outsourcing is emerging as a solution for banks and financial institutions to navigate economic uncertainty, improve efficiency, and find expert talent. Will banks suffer? In one word: Yes. Financial services have been significantly impacted by the Australian recession.

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